
Sensex and Nifty crash today, wiping out over ₹20 lakh crore in investor wealth due to Trump’s tariffs. Read why the Indian stock market is down today and what lies ahead.
Why the Stock Market is Down Today
It’s a red Monday for the Indian stock market. The Sensex and Nifty 50 opened to a massive crash, losing over 3.5% in early trade, and wiping out ₹20 lakh crore in investor wealth. The reason? A global shockwave triggered by US President Donald Trump’s new tariff policy, which has led to panic selling in global and domestic markets alike.
If you’re wondering why the market is down today, here’s everything you need to know—live updates on Sensex and Nifty today, the impact of Trump’s tariffs, and what market experts are saying.
Nifty 50 and Sensex Crash: Today’s Market Highlights
BSE Sensex Today: Opened nearly 4,000 points lower, down 3,939.68 points to 71,425.01
Nifty 50 Today: Crashed 1,160.8 points to 21,743.65
Rupee Today: Opened 30 paise lower at 85.74/USD
India VIX Today: Spiked sharply, indicating extreme market volatility
The stock market crash today was not isolated to India. Asian and global markets are witnessing a massive sell-off, led by fears of a prolonged global trade war and economic recession.
Market crash continues..#BlackMonday #stockmarketcrash #Panauti
Modi’s golden touch continues.. pic.twitter.com/upEPRs7TD6— Ganesh Kumar (@slganesh1) April 7, 2025
What Triggered the Market Crash Today?
At the center of the crash is a sweeping tariff announcement by the US. Trump’s new policy imposes country-specific tariffs up to 50%, with India facing a 26% rate, plus a 10% baseline duty on all nations. This has severely impacted global investor sentiment, especially in emerging markets like India.
Asian markets responded first—and worst. Here’s a snapshot:
China: Down 4% after retaliatory tariffs
Hong Kong (Hang Seng): Down over 10%
Japan (Nikkei): Down 6.5%
Taiwan: Nearly 10% crash
Singapore: Fell over 8%
These sell-offs set the tone for the Indian markets this morning, pushing both Nifty and Sensex into a free fall.
Gift Nifty Today: Global Signals Paint a Grim Picture
Gift Nifty, the pre-market indicator for Indian equities, showed early signs of panic. Falling over 800 points overnight, it foreshadowed the chaos on the NSE and BSE today. Traders tracking Gift Nifty live had already braced for heavy losses.
Top Gainers and Losers Today
In a market rout like today, gainers are rare. However, a few defensive stocks saw marginal gains due to safe-haven buying.
Top Gainers Today (Nifty 50):
Dr. Reddy’s Labs
Divi’s Laboratories
HUL
Top Losers Today:
Tata Steel
Bharat Forge
Axis Bank
Infosys
These companies saw double-digit percentage drops as panic selling hit both large-cap and small-cap indices.
Why Is the Indian Market Falling?
According to market experts, this is not just a domestic correction but part of a global economic shockwave. Here’s what they’re saying:
“India will face the heat, not due to domestic reasons, but as an interlinked chain in the global portfolio flows. India will need a fiscal, monetary, and reform package to protect the domestic economy,” said Ajay Bagga, market expert.
“Nifty50 has plunged through the first support level and is nearing the second,” warned Sunil Gurjar, SEBI-registered research analyst.
Additionally, India VIX, often called the “fear gauge,” is spiking, indicating increased volatility and uncertainty in the days ahead.
Will There Be a Recession?
There is growing concern that Trump’s tariffs could spark a global recession. Stephen Innes of SPI Asset Management noted:
“The market is in free-fall mode. Trump’s team isn’t blinking. The tariffs are being treated as a victory lap, not a bargaining chip.”
If the US markets continue to bleed, Indian equities could face prolonged pressure, especially if foreign institutional investors (FIIs) begin pulling out aggressively.
India’s Political Angle: Trump-Modi Relations Under Fire
Adding a political twist to the financial drama, Congress leader Jairam Ramesh took a swipe at both PM Modi and President Trump:
“Both are experts in sabotaging their economies—Trump with tariffs, Modi with demonetization,” Ramesh said, reacting to the bloodbath in Indian markets.
The remark went viral as traders and investors look for accountability amid the crash.
What Should Investors Do Now?
For retail investors, panic is natural—but experts advise caution:
Don’t sell in panic: Wait for stabilization
Look for value picks in beaten-down sectors
Diversify your portfolio: Defensive sectors like Pharma and FMCG are safer bets
Track India VIX and Gift Nifty Live for short-term cues
Conclusion: Markets in Crisis, Patience is Key
Today’s market crash may feel like déjà vu from previous meltdowns, but it’s a harsh reminder of how interconnected global economies are. With Sensex and Nifty plunging, and the India VIX soaring, it’s crucial to stay informed, stay calm, and look for long-term opportunities amid short-term fear.
Stay tuned to platforms like Moneycontrol, CNBC Awaaz Live, and Upstox for real-time share market news and stock charts.